Instruction : For the following problemesi consider these debt strategies being considered by a corporate borrower. Each is intended to provide $1.000.000 in financing for the end Strategy 1: Borrow $1,000,000 for three years at a fixed rate of interest of Strategy #2: Borrow $1,000,000 for three years at a floating rate of UBOR + 2 to be reset annually. The current Borrate is 3.50 Strategy 3: Borrow $1,000,000 for one year at a fixed rate, and then renew the credit annually. The current one year rate is - Refer to instruction 8.1. After the fact, under which set of circumstances would you prefer strategy 17 (Assume your form is borrowing money) Your credit rating stayed the same and interest rates went up. Your credit rating stayed the same and interest rates went down. Your credit rating improved and interest rates went down. Not enough information to make a judgment